QUESTION
how does Liquidated or penality clause effect?The employee or consultant joins the vendor or client directly or indirectly during the contract period
Asked on Oct 28th, 2014 on Employment Contracts - New Jersey
More details to this question:
orlate are subject to this clause and have to pay to company.but if the company doesnt pay for 2 -3 months . is that okay to change the empoyer
1 ANSWER
Criminal Defense Attorney serving Toms River, NJ
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Edward J. Dimon
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i did answer this question but could not email. liquidated damages are amounts of monies agreed upon in advance for breaches to the contract. most common in non-compete clauses. ed dimon, esq.
Answered on Oct 29th, 2014 at 1:29 PM